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CI Global Asset Management
About 4.6% recurring income; over the last 3 years capital was roughly flat (1%/yr).
Payout over time
Fund health
For bond funds, the useful comparison is the recent cash payout beside the portfolio's yield to maturity, duration, credit quality, and sector mix. These are portfolio facts, not a forecast of future distributions.
Credit quality
29% investment grade; the rest is below investment grade (high yield). Credit spreads and defaults are a larger part of the risk profile than in an investment-grade aggregate bond fund.
Portfolio data as of May 2026.
How it's taxed
The CRA taxes each distribution dollar by its character. These shares are measured against the full taxable distribution, including any portion the fund reinvested as units rather than paying in cash.
| Character | % of taxable | $ / unit |
|---|---|---|
| Eligible dividends | 4% | $0.0414 |
| Interest / other income | 4% | $0.0424 |
| Foreign income | 93% | $1.0397 |
Foreign withholding tax already taken inside the fund: $0.0070 per unit. In a non-registered account, foreign tax reported on the T3 may be claimable as a foreign tax credit, subject to T2209 limits. TFSA and RRSP accounts do not claim that T3 credit.
Based on CI Global Asset Management's 2025 T3 / tax-factor filing. Character can vary year to year. This is not tax advice; consult a tax professional about your situation.
What Premium adds
Next steps
Prices as of 2026-07-27. Distributions as of 2026-07-28. Tax character year 2025.
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What it holds
Portfolio data as of May 2026.
Own payout record
Cash distributed per unit, by calendar year, from the fund's own distribution history (up to the last 6 years). "Reduced" marks a year where the cash paid per unit fell more than 5% versus the prior year.
Character mix by year
What you keep, in your account
Each figure below starts from the headline yield of 4.6% and shows an estimate of what you keep after tax. Where you hold the fund changes the answer: a TFSA shelters Canadian tax and can still lose foreign withholding tax when the fund has foreign withholding, a non-registered account taxes each character at its own rate, and an RRSP defers tax until you withdraw.
These figures are estimates at the top ON marginal tax rate, not your personal rate.
Illustrative, not tax advice.